Equitable Trust Co. Has $714,000 Stock Position in StoneX Group Inc. (NASDAQ:SNEX)

Equitable Trust Co. reduced its stake in shares of StoneX Group Inc. (NASDAQ:SNEX) by 23.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 8,725 shares of the company’s stock after selling 2,725 shares during the period. Equitable Trust Co.’s holdings in StoneX Group were worth $714,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Principal Financial Group Inc. raised its holdings in StoneX Group by 11.0% during the 3rd quarter. Principal Financial Group Inc. now owns 149,442 shares of the company’s stock worth $12,236,000 after buying an additional 14,784 shares during the period. Woodmont Investment Counsel LLC raised its holdings in StoneX Group by 1.5% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 132,409 shares of the company’s stock worth $10,842,000 after buying an additional 1,935 shares during the period. Harbor Capital Advisors Inc. raised its holdings in StoneX Group by 148.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 311,088 shares of the company’s stock worth $25,472,000 after buying an additional 185,769 shares during the period. Janney Montgomery Scott LLC raised its holdings in StoneX Group by 10.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 21,135 shares of the company’s stock worth $1,731,000 after buying an additional 1,992 shares during the period. Finally, State of Alaska Department of Revenue raised its holdings in StoneX Group by 0.9% during the 3rd quarter. State of Alaska Department of Revenue now owns 16,146 shares of the company’s stock worth $1,322,000 after buying an additional 145 shares during the period. 75.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at StoneX Group

In other news, CEO Sean Michael Oconnor sold 37,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $98.42, for a total transaction of $3,690,750.00. Following the completion of the transaction, the chief executive officer now directly owns 506,994 shares of the company’s stock, valued at $49,898,349.48. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 16.24% of the company’s stock.

StoneX Group Stock Performance

Shares of SNEX stock opened at $97.31 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.20 and a current ratio of 1.64. The company has a market capitalization of $3.09 billion, a P/E ratio of 13.49 and a beta of 0.75. The company’s 50 day moving average price is $84.92 and its two-hundred day moving average price is $79.28. StoneX Group Inc. has a 52 week low of $59.07 and a 52 week high of $101.61.

StoneX Group Company Profile

StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.